Ego maketh an african man :)

Ego loseth an African man moneyth on the stocketh exchange

Unaongea aje nikama sikuuza hisa za KQ. Makosa ilifanyika. Chenye sitakubali ni wanakenya kuwekwa hofu moyoni kuhusu uwekezaji katika NSE.. Kilichofanyika ni kitendo cha simu moja, na si kumaanisha kuwa soko hakukaliki

Wisdom sayeth to buyeth a good share with good performance and Div track record that is temporary beaten by the market... Not a corpse that has not made a profit from core business in 5 years.

FYI, without application of shilling-cost-averaging, I would be down by more than 58% in percentage terms.. I got out at exactly the time I had to and for reasons best known to me. However, one thing remains clear in my mind, KQ as a firm, is globally respected and continentally adored.. Many Africans dream of being Kenyan when they watch the proud black red and green tail of the Pride of Africa. What happened at KQ was massive looting, theft, fraud.. and therefore you should not laugh at someone who was pickpocketed. In an ideal Kenya, for a company with annual revenues in excess of KES 100B, KQ should never have reported a loss. Niliibiwa na Naikuni na nishakubali!

[quote=VituVingiSana]@Obiero - The issue is not that you lost money on KQ. I did too. The issue is you may have lured other unsuspecting folks into a position that was untenable. At one point, it made me wonder if you were on Alex's payroll. Or a pump-and-dump guy.

BTW, http://www.businessdaily...6/-/w30thq/-/index.html[/quote]

Ditto, I also bailed at a lost. What I find baffling is that @Obiero insists KQ is a good investment.

Expound.

@sparkly when a child is sick and needs a complex surgery or a student is admitted to harvard, they shall not use a matatu to india or usa.. intra country trade also necessitates travel, so usinipandishe pressure na hio term, lifestyle!! @vvs evaluating a company is done using a wholesome approach which relies on examination of the global
and economic environment. Conversely, the aim of evaluating a stock is to
determine when it is best to buy or sell,
without focusing lovingly on the company in itself.. i.e. just because the results of an evaluation of a company might be
positive, it doesn't mean that the evaluation of its stock is
a "buy" and vice versa e.g if KK was to trade at KES 20 bob by tomorrow, most would sell, not because the company is bad, but because the stock price would have outstripped rationality

@Obiero. I fear that their is something fundamentally wrong with your stocks investment strategy. But you either give up too quickly on good stocks eg. Hfck, KenRe. Or hold on too long to junk stocks like KQ. The solution would be among other things to soften your stance when loosing and harden your stance when winning. My 2 cents

@sparkly. Please avoid selective reasoning, also speak of my outing with Centum, KCB, COOP.. However, I shall consider your words of wisdom and may take them seriously once im convinced of the alleged flaw in my strategy